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<br /> . __ .___�,s__� ��'----R� = — _ __ . .. . .. _ . --:--...
<br /> . .____ � ` __ ' ._ �
<br /> 4�iEN RECORDED Mr1IL T0: � � �
<br /> . ��&� ���r� B� . �..` 1�124_1
<br /> ���.-$� .��
<br /> Olvl�.Et�ST .CAMELBACK ROAD ,FSr4+
<br /> PHt3ENIX, AZ 85022
<br /> � THUNDEltBIRta B�PWK
<br /> AG�tEE#AEl+lT IIA�QIFYI[�1�i N�TE AND MOt�7GAGE pF�.Q'�kC.!?�*R�T
<br /> SHIS AGREEMENT,made at Ptfcen�x.Ar�zona,th�s 7�h tlay ot DeCeIItber ,79 -$9 ,by and Getvreen
<br /> � TFIUNAERBIRI) BANK .an kc�zona coroorat�on,here�nafter caifed"F�,st Party;.and�ARMIId LIBMAN AND $ARRY ,
<br /> _ �IBMAN,her husbaad and ADRIENNE LIBMAN and MICFIAfiL LZBMAN, her husha�ld anc���(���r c��ZS�t6��arty".
<br /> au , er us an
<br /> ' L"JITNESSETH:
<br /> SEE EXHISIT "A" ATTACHID HERETO AND B5i THIS REFERENCE MADE A PART HEREOF FOR LEGAL DESCRIPTION
<br /> WHEREAS.F�rs!Party�s the ovmer and holder of a certain prom ssory�nkote secured by that certaFn Mort age or Deed of t(usire orded m the off�ce of the
<br /> . H�1.1 Ccunty Recorde( ��k�31-n Dectce�g'100069 aopa �anuat'y 6 s�e 90 8�d thereafter ass�gned to -
<br /> � 1��A ,on. N�A .79_I�ILA.m Docket�_,page�—.of sa�d County:
<br /> ``
<br /> ��0��� $� 12�07/88 and recorded 02J03/89 document 4�89�-10t��57
<br /> � A econd arty�stfie owner of the real property descnbe�m sa�d Mortgage or eed o rust.subject ta said Martgage or Oeed of TrusE.and is
<br /> onginaily obligated to pay or has assumed and agreed to pay or by these presents does assume and agree to pay(as 4he case may be),the note and
<br /> Mortgage or Oeed of Trust herein6efore ment�oned,and to pe�form all of the other covenants and agreements ccntained therein;
<br /> AND WHEREAS,�t�s tfle Qes�re at the part�es hereirt to modify the terms of payment ofi said note ard P.7ortgage or Deed of Trust in the manner hereinafter�6[
<br /> forth;
<br /> � NOW,THEREFORE,d�s mutu,3ily agreed as follows.
<br /> t. Tnat as of the date hereof there�s a batance on sa�d note�n the pnnr,�pal sum af .._�E.V�rtTv-F,jVF THQ[jyANi�_ANA jQQf..�00�s- - -
<br /> - - - - - - - - - - pOLLARS(S ��'LQ�d•�Q J,w�th�nterest pa�d ta the._.Zth._day of fl - mhPr ,�g�__
<br /> 2. 7h2t�a�d r�te and MoRgage or peed of Trust are hereby mod�f�ed so as to prov cF:hat the above present unpa+d pnncipa{balance,plus mte�e=:a_?±ne r�!E
<br /> of ti6l TIiUNDERBIRD BANK'S FLUCTIIATING PRIME PLUS Z.25% per annum,
<br /> shall be ciue and payab�e a�fouows THE MONTHLY PAYMENT OF II�TEF�ST ONL.Y HAS BEEt3 AMENDED TO $500.QQ � j
<br /> PRZNCIFAL PLUS INTEREST pUE ON THE 25Ch DAY OF EACH MOI3TH BE�INNIN G JAN1tARY 25 1994 iiNTTT.
<br /> JANUARY 25, 1991 AT WHICH TIME ANY REMA.INING PRINGTpA . PL.t�� ,�'�T'�'RR .S is D iF' ANn PAYARLF._ THE � '
<br /> RATE OF INTEREST IS At•iENDED FROM I��I THUNDERBIRD BANK'S FLUCTUATING PRIME PJ.i1.�, 2S0% TO 2.25%. , ,-
<br /> � 3HEx eF Ta.�s herebyMmotl�t edTsaid note a--n�NToEgagePo��ee�d"o��rluBst�Rai1 c�unF9uae9n fuTt IorceNand"et�ec�a�d fl�aTtFe lien of sa�d Mortgage or Deed of - _
<br /> . Trust sh2�1 Ge and is hereby preserved as a f�rst and paramount t�en upon the prem�ses therem descnbed as of�ts date ot execut�on and record�ng;and al1 ' ..
<br /> � other terms.conditions and covenants set farth�n said note and f,tongape or Deed of Trust.mdud�ng but not I�m�ted to.F�rst Party's nght of acceieration and ' _
<br /> monthly paymenls tor reserve for taxes,�nsurance and other�mp�u�3�,are hereby�atified.approved and confirmed.
<br /> IN WITNESS WHEREOF,thA partees hereta have exeCUted.or caused to de executed,these presents the day antl year first above v� tten. � ,
<br /> �, ��l . 1�� ��
<br /> CARM�`�� N LIB���-- ARRY D '
<br /> THIJNDERBIR13 .Fust Parry ����� %��� l a'�'— �' .'
<br /> �/ Secoi�d Party M CHAET. LIB ""�•�•
<br /> ADRIENNE LI
<br /> - � � :by� } ----- �- - -- --- ---- ----- -- -•��cr�_ --- ` - �•.
<br /> PAUI. • � y ...) �� �
<br /> T�tte: ul�E.�R�1L�E,NT. -- -- -- �%� a a Jo
<br /> � �.T7. /k/ AN PELTZ �
<br /> �TATE OF ARIZOIVA` STATF OF ARIZONA ;
<br /> 55
<br /> COUtutv Cc �`�ICOPA � J Cour�rv oF .,rlARICOPA _
<br /> On Eebruar_y__Z2__._. .. _ ..V __. ____. . �9 9d �n ---- Fei�ruary__22.__�_.._.�._..�..__-- -_�,i9 �2�. .
<br /> betore me,tne unders�gned,a Notary Pubi�c m anC tor sa�d County�+�J be�ore me,the undetsigrred,a Notary PubNc in and for s�id County and
<br /> State,personauy appeareh __.___... .. ..._.. . . State.personauy appeared CAIL'"�Eri LIBMAN_& BARRY LIBMAN &
<br /> PAl1L V. BKOD� ,______ _____ _.____ ___ ��,� �RIENNE LII�MAN & MICHAEL LIBt�Id1N & JONL P�LTZ
<br /> known ro rne to be the _ _..V ice__ __ al�e---1Q�'�-��TZ--�-AI�EX.-PE��-•- . _- -----
<br /> Pres:dent,and the .����__ ._... _ ---- - -- - -�---- -- — --- - •_- --
<br /> Secretary of the corpoiation that executed the w�th�n�nstrument,ancl aish kno•rm to me to[�e the person S vfiose nan,e S ,__ �iYe.,
<br /> • known tu mo to be tne�erson(s)vrho executecf�t on puhaU nt�ucn cor•
<br /> • . poraUOn,and acknovdedged lo me that such curporatwn executetl the - -•--- --- •-- � -'- - ---� •• ° •
<br /> � SBme and(urther aCknGVited�Jed to me that such caparat�on e�ecutecl su45cr�bed to thE:vnthin instrurnent and ac.knov�led�r:d that _ � � �
<br /> ihe wd��n mstrument pursuanl t�ds hyl<iv�s ur ti rg5�,lut�c,n c,f�ts 8o�ucf c,f '
<br /> D�rectors tt��=Y �:Kecuted the same
<br /> WITNESS my hand and oihc�al scal VJITNE5S my hEir�d�inU�,Hic�:a�seai
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